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Sanjay is the majority shareholder of Vital Life Ltd, a wholesaler of health products. He negotiates an agreement to supply vitamins and other health supplements

Sanjay is the majority shareholder of Vital Life Ltd, a wholesaler of health products.

He negotiates an agreement to supply vitamins and other health supplements to a national retailer. He then demands that the directors of Vital Life Ltd formalise the agreement in a written contract.

The directors of Vital Life Ltd refuse because the company constitution vests the exclusive management of Vital Life Ltd in the board of directors.

Advise Sanjay if he can force the directors to formalise the agreement.

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